Lists To Avoid
If you have been searching eBay lately you will very likely have seen an array of wholesale suppliers lists being offered for sale from different sources. The cost for these lists will be as little as ninety-nine cents and you will see them listing brand names and products such as wholesale electronics, game consoles and wholesale apparel.
If you are relatively new to the world of wholesale sourcing, this might seem like a good concept, but before you go wasting even this meaningless amount of money, it’s a good idea that you are aware that these types of wholesale suppliers lists aren’t even worth the paper they are written on.
When you buy one of these lists, what you will receive is simply a list of wholesale suppliers, some of which will carry the item that is in the title of the auction. Of course, this actually is a catch-all list that is put out for every eBay auction, and so you would have to use the time to go through and figure out which supplier you really need to contact. In addition, the information offered is typically quite basic, with some lists containing just a website or telephone number and no real detail.
Another common feature with this kind of wholesale suppliers lists is that they don’t actually have the information of true wholesale suppliers, but rather have the details of intermediaries or discount retailers that are pretending to be wholesale sources. Most general merchandise actually only have one authentic wholesale source, and so much of the information in these wholesale suppliers lists is doctored.
Here are some of the other cheats you will encounter when you buy wholesale suppliers lists.
Firstly, most of the contact information will be out of date. You will be lucky if five to ten percent of it is valid and that you are able to successfully reach a business through their telephone number or their website.
Next, you will be met with the ‘pay more for information’ scam, where some of the contacts will tell you that you need to pay them a wholesale source fee before you are able to acquire the items at wholesale prices.
Another point that we have touched on is that many of these wholesale suppliers will be middlemen, or resellers, which means that they have sourced the items at wholesale price and will add a profit margin before on selling to you. In this case, it would probably be cheaper acquiring the product from a retail store.
Additionally, you should be careful to examine shipping prices, as some middlemen will charge exorbitant shipping costs to make their profit. Even if you do find a website that seems reputable, you need to contact the telephone number to check all details – as sometimes ordering online can be a risky thing to do.
These are the main reasons not to buy wholesale suppliers lists on eBay, and in fact there are far better solutions now available through wholesale networks and centralized wholesale sources. Investigate using one of these if you are serious about becoming an online retailer.
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